TCA.L Regulatory News (TCA)

3 Mar 2008 08:45

Speymill Macau Property Company PLC03 March 2008 3 March 2008 Speymill Macau Property Company plc Notice of Preliminary Results Speymill Macau Property Company plc (AIM: MCAU), the Macau focused propertyinvestment company, will announce its preliminary results for the year ended 31December 2007 on Wednesday, 19 March 2008. There will be a meeting for analysts at 9.30 a.m. on the day, to be held atTavistock Communications, 8th Floor, 131 Finsbury Pavement, London EC2A 1NT.Those wishing to attend, please email Gemma Bradley at gbradley@tavistock.co.uk,or telephone on the number below. For further information, please contact Investment Adviser:Speymill Property Group (Far East) LimitedThomas Sipos +852 2514 6104 Nominated Adviser:Smith & Williamson Corporate Finance Limited +44 (0)20 7131 4000Azhic Basirov / Siobhan Sergeant Public Relations:Tavistock CommunicationsJeremy Carey/ Gemma Bradley +44 (0)20 7920 3150 Notes to editors: Speymill Macau Property Company plc ("Speymill Macau" or the "Company") Speymill Macau (EPIC: MCAU.L) was established to create a portfolio of highquality residential properties in Macau, China. The Company listed on the AIMmarket of the London Stock Exchange in November 2006, following a placing ofUS$80 million. A second fundraising of US$70 million was completed in May 2007. The US Dollar denominated fund aims to provide investors with an attractiveoverall return to be achieved primarily through long term capital growth. Macau is one of only two Special Administrative Regions, a semi-autonomousadministrative area, in China, and has enjoyed explosive economic growth, inpart due to its establishment as an important gambling and tourist destination.These developments have led to high historical and forecast GDP growth, drivenby rising incomes and low unemployment levels. Coupled with the limitedavailability of land, developers are now struggling to meet a stronger thananticipated demand for higher quality housing. These favourable market dynamicsare expected to enable Speymill Macau to offer shareholders an attractiveoverall return. Speymill Property Group Limited ("SPG") is the Manager of the Company and theInvestment Adviser is Speymill Property Managers (Far East) Limited, a whollyowned subsidiary of SPG. This information is provided by RNS The company news service from the London Stock Exchange